https://www.taxtmi.com/caselaws?id=471890 Surcharge under the Finance Act, 2022 arose only when returned income exceeded the prescribed statutory threshold. Returned income below that threshold did not attract surcharge, particularly where the appellate position had accepted that factual basis. A contrary statistical disposal was inconsistent with the accepted income finding; consequently, the surcharge adjustment required deletion. en-us Wed, 02 Apr 2025 00:00:00 +0530 Tue, 22 Sep 2026 13:47:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471890 Surcharge under the Finance Act, 2022 arose only when returned income exceeded the prescribed statutory threshold. Returned income below that threshold did not attract surcharge, particularly where the appellate position had accepted that factual basis. A contrary statistical disposal was inconsistent with the accepted income finding; consequently, the surcharge adjustment required deletion. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471890